According to multiple reports the WHO is expected to move to phase 6 (full blown pandemic) at a press conference this afternoon.
Personally I think this disease has potential to become deadly should it mutate like the 1918 flu, but at this point its far less deadly then the regular seasonal flu.
I think moving to pandemic phase will allow faster research and better prepare us for if/when this mutates into a killer.

its official, we have a pandemic

http://www.cnn.com/2009/HEALTH/06/11/swine.flu.who/index.html?iref=werecommend

QQ more WHO?